Payments monitoring snapshots
We’re sharing simple, evidence-based insights into how competition is evolving in New Zealand’s payments system.
In June 2025, we discussed the growing use of Mastercard and Visa card payments and what this means for the cost of accepting payments for New Zealand businesses.
In October 2025, we highlighted the pay by bank alternatives currently available for merchants and potential costs avoided in accepting these.
Our insights draw on information from businesses, consumers and payment providers, including emerging payment options such as pay by bank, to understand what is shaping outcomes in practice.
Please pass on any feedback on the insights in this snapshot, including any evidence that could improve our understanding of how the system is developing. Feedback can be provided to PaymentsTeam@comcom.govt.nz